Bread Financial™ Promotes Gender Equity with $1 Million Gift to the Women’s Sports Foundation®  

Rhea-AI Summary

Bread Financial, a tech-forward financial services company, has announced a $1 million donation to the Women's Sports Foundation (WSF) in celebration of the Foundation's 50th anniversary. The gift will support WSF's strategic growth initiatives, research, and advocacy efforts to advance gender equity in sports.

The donation will fund various activities, including:

• Evidence-based research, such as the 2026 Winter Olympic and Paralympic Games analysis
• Support for National Girls & Women in Sports Day (NGWSD)
• Funding for the Annual Salute to Women in Sports fundraising event

Bread Financial's CEO, Ralph Andretta, emphasized the company's commitment to diversity, equity, and inclusion, stating that supporting girls and women in sports contributes to a more equitable society.

Positive

• Demonstrates corporate social responsibility and commitment to gender equity
• Potential for positive brand image and public relations

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• None.

Donation will fund research and strategic growth initiatives, in celebration of the Foundation’s 50th anniversary

COLUMBUS, Ohio, July 17, 2024 (GLOBE NEWSWIRE) -- Bread Financial, a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today announced a $1 million gift to the Women’s Sports Foundation (WSF^®) to support the Foundation’s ongoing work to advance the lives of girls and women through sports and physical activity. 

The gift will help WSF drive its long-term strategic growth and build fundraising capacity and national awareness through a variety of events and advocacy. A portion of the donation will be used to conduct evidence-based research, including its 2026 Winter Olympic and Paralympic Games analysis – the 10th in a series – which examines participation and leadership trends among women athletes with an eye toward making the Olympic and Paralympic movement equitable for all. Bread Financial’s gift will also support various activities surrounding WSF’s National Girls & Women in Sports Day^® (NGWSD^®), and the Annual Salute to Women in Sports^®, which is WSF's premier fundraising event. 

“Bread Financial embraces and promotes diversity, equity and inclusion to create a sense of belonging, build trust and deliver value for our associates, partners, customers and business. Through the Women’s Sports Foundation’s advocacy, research and programing we are supporting, we look forward to helping create a more equitable society where every girl and woman can realize their full potential,” said Ralph Andretta, president and CEO of Bread Financial. “As a father of two women athletes, I know that when girls play, compete, and are supported, society wins.” 

WSF is celebrating its 50^th anniversary throughout 2024. Known for being one of the first organizations to recognize the powerful connection between sports, equity, and society, the Foundation has grown to be a champion of the entire women’s sports ecosystem, carrying out the vision of its founder, sports icon and social justice pioneer Billie Jean King, to pave a path to equity for girls and women both on and off the field of play.   

“For 50 years and counting, the Women’s Sports Foundation’s research, advocacy and community programming, have been helping girls and women across the country play, compete and lead – in sports and beyond – without barriers,” said WSF CEO Danette Leighton. “Bread Financial’s support will help propel our mission into the next 50 years and bolster our efforts to build a more equitable future for girls and women on the field of play, the front office, the boardroom, and beyond.”  

About Bread Financial^™   
Bread Financial^TM (NYSE: BFH) is a tech-forward financial services company providing simple, personalized payment, lending and saving solutions. The company creates opportunities for its customers and partners through digitally enabled choices that offer ease, empowerment, financial flexibility and exceptional customer experiences. Driven by a digital-first approach, data insights and white-label technology, Bread Financial delivers growth for its partners through a comprehensive suite of payment solutions that includes private label and co-brand credit cards and Bread Pay™ buy now, pay later products. Bread Financial also offers direct-to-consumer products that give customers more access, choice and freedom through its branded Bread Cashback^TM American Express^® Credit Card and Bread Savings^TM products.   

Headquartered in Columbus, Ohio, Bread Financial is powered by its approximately 7,000 global associates and is committed to sustainable business practices. To learn more about Bread Financial, visit breadfinancial.com or follow us on Facebook, LinkedIn, Twitter/X and Instagram.   

About the Women’s Sports Foundation 
The Women’s Sports Foundation exists to enable girls and women to reach their potential in sport and life. We are an ally, an advocate, and a catalyst. Founded by Billie Jean King in 1974, we are one of the first organizations to recognize the powerful connection between sports access, equity, and society. WSF has been changing the game for 50 years through its research, advocacy, and community programming, investing over $100 million to help girls and women play, compete, and lead – in sports and beyond – without barriers. A leader and champion of the entire women’s sports ecosystem, WSF amplifies the vital societal and cultural impact that is made when girls and women play sports. All girls. All women. All sports_® To learn more about the Women’s Sports Foundation, please visit www.WomensSportsFoundation.org. 

Media Contacts:
Rachel Stultz
Bread Financial
rachel.stultz@breadfinancial.com

Patty Bifulco
Women’s Sports Foundation
631.230.3322
PBifulco@WomensSportsFoundation.org

Kandice Miller
Women’s Sports Foundation
479.409.7779
KMiller@WomensSportsFoundation.org

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/16302425-d806-463a-932a-3532af6df466

FAQ

What is the amount of Bread Financial's donation to the Women's Sports Foundation?

Bread Financial (BFH) has donated $1 million to the Women's Sports Foundation.

What will Bread Financial's donation to the Women's Sports Foundation be used for?

The donation will fund research, strategic growth initiatives, fundraising capacity building, and support events like National Girls & Women in Sports Day and the Annual Salute to Women in Sports.

When is the Women's Sports Foundation celebrating its 50th anniversary?

The Women's Sports Foundation is celebrating its 50th anniversary throughout 2024.

What specific research will Bread Financial's donation support?

The donation will support evidence-based research, including the 2026 Winter Olympic and Paralympic Games analysis, which examines participation and leadership trends among women athletes.